OFF MARKET

28 Rees James Road
Raymond Terrace NSW 2324

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 6293m2
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Property Details for 28 Rees James Rd, Raymond Terrace

28 Rees James Rd, Raymond Terrace is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 6293m2. While the property is not currently for sale or for rent, it was last sold in August 2001.

Building Type
House
Land Size
6293m2
Local Government
Port Stephens
Lot/Plan
91/DP709519

Last Listing description (April 2024)

Unlock the potential of 28 Rees James Rd, Raymond Terrace, with this unique development offering (subject to approval from Port Stephens Council). This property presents an excellent opportunity for those with vision, featuring an existing dwelling with the potential for a further 8 residential lots.

Key Features:
4 Bedrooms: Spacious layout with built-in robes.

Master suite offers luxury and comfort with ensuite, spa & walk-in robe
Formal lounge area featuring a charming sandstone fireplace.
Massive rumpus/games room: Approx. 11m x 6m, perfect for entertaining.
Family/sunroom: Adjacent to the games room for added space (4.2m x 4.4m).
Separate kitchen with island bench, ample cupboard space, and a dining area.
Double garage.
Inground Pool: Currently in need of repair but holds the promise of revitalization.
Under-house area: Ideal for parties, adjacent to the pool, and accessed via the main dwelling.

Extras:
Ceiling Fans
Dishwasher
Reverse Cycle Air Conditioning

This property offers a unique opportunity for developers or those seeking a project to transform this space into a vibrant residential community. With its current features and the potential for expansion, 28 Rees James Rd is a canvas waiting for your creative touch.
Don't miss out on this exciting prospect! Development potential like this is a rare find!

Note: Development potential is subject to approval from Port Stephens Council.

This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Property History for 28 Rees James Rd, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$149,000
17 Aug 2001
  • 05 Oct 2023
    Listed for Sale $1,500,000
  • 17 Aug 2001
    Sold for $149,000
  • 04 Jun 1991
    Sold for $97,000
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About Raymond Terrace 2324

The size of Raymond Terrace is approximately 33.8 square kilometres. It has 27 parks covering nearly 34.7% of total area. The population of Raymond Terrace in 2011 was 12,724 people. By 2016 the population was 12,788 showing a population growth of 0.5% in the area during that time. The predominant age group in Raymond Terrace is 0-9 years. Households in Raymond Terrace are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raymond Terrace work in a trades occupation. In 2011, 58.9% of the homes in Raymond Terrace were owner-occupied compared with 57% in 2016.

Raymond Terrace has 6,726 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 62.09% increase in median value, while Units have seen a 75.02% increase. As at 31 December 2024:

  • The median value for Houses in Raymond Terrace is $567,986 while the median value for Units is $463,004.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 44 properties listed for sale, and 24 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in Raymond terrace.

Suburb Insights for Raymond Terrace 2324

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.